Featured; Accounts; Digital Services; Payments & Transfers; ATM & Branch Services; Workplace Banking; Promotions; Bank. Monies and deposits denominated in Singapore dollars under the CPF Investment Scheme and CPF Retirement … Back button You're in Singapore Segments. Then we suggest that you try the best savings accounts in Singapore. Minium requirement. With the best accounts, you get a decent interest rate, easy application, and other perks. Maybank offers two promotions: you can either make deposits through iSavvy (online) or a current savings account. Avoid expensive bank account charges with our table of the best current accounts if you use an authorised overdraft. There are currently 117 commercial banks in Singapore, but only 27 are offering retail banking services. We're here to help. The Virgin Money current account pays 2.02% on the first £1,000 in your account. Bank & Earn. Fresh Graduates’ Bundle. Which current account is right for you? Get up and going in Singapore in one go. For Singapore Citizen and Permanent Resident, please bring your NRIC. Multi currency account. Payment methods . Overview; Features; Requirements/Fees; Apply Now; Overview. Application Requirements. Online banking and mobile banking . For more information, please refer to SDIC's website at An everyday account for your business needs. Visit website > HSBC Expat Premier Account . Manage. Transact conveniently with a cheque book. Learn more. However, some accounts can be quite complex. Personal Banking Business Banking Priority Banking Priority Private Int'l Banking MyWay Non-Resident Indian Commercial Banking Private Banking Corporate Banking. Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Apply online for a global bank account in Singapore without visiting Singapore. If you have a bank account with one of these banks in your home country, they can help you set up a Singaporean bank account before your move. Apart from its strict laws and multicultural society, Singapore is well known for its established and diverse financial sector. complete with complementary features for your business. Apply Now. Personal account for savings and investment. If you have opened an account in semi-urban and rural branches, then you can avail discounts on the average quarterly balance requirements. Most of the banks in Singapore offer attractive features such as multi-currency accounts, internet banking, credit cards, trade financing, freedom to move funds across countries, and more. Last updated: Nov 2020. If you want a bank account that rewards you with cashback on your debit card spending, the SuperSalary account should suit your needs, provided that you use the bank account to credit your salary. We have highlighted what we consider to be the best expat bank accounts below as a guide for the banks you may wish to consider if you need to open a bank account as an expat. Free USD cheque books . For your day-to-day transactions. Enjoy a DIY Baking Kit when you open My Account. Last updated: Nov 2020. Earn higher interest rates of 0.90% - 1.50% p.a. Get up and going in Singapore in one go. Terms and conditions apply. Close button. (Due to the low interest rate environment, the rates of fixed deposit have also been lowered in recent months) Why FD? best saving account Singapore, best bank savings account Singapore, savings account high interest rate Singapore, investing 101, personal finance, singapore banks, UOB, DBS, Citibank, CIMB Bank, Standard Chartered, Oversea-China Banking Corp (OCBC), OCBC, how to retire early, good savings account, good savings account singapore, savings account interest rate singapore, Bank of Multiple ways to transact. Opening a corporate bank account in Singapore is a relatively simple and straight-forward procedure. It is important to do some homework to seek out the one that offers the best Singapore bank interest rate so that you do not lose out on the potential interest which you could have earned. Learn more. and potentially more on your savings. So it’s best to keep a sensible amount of cash in your savings account still. All the banking you need for life in a single account. Application Procedures. Best Business Bank Accounts in Singapore: DBS, OCBC, or UOB? Best packaged bank accounts. Learn how to open bank account in Singapore for foreigners, expatriates and non-residents. Issue cheques whenever you need to . The best current account is different for everyone, with your financial situation being unique to you. Non-interest bearing for SGD current account. Time to shift them to the best fixed deposit rates in Singapore. There's no minimum pay-in required to get the interest, so it's good if you've low or unstable income. The accounts are listed in alphabetical order to ensure neutrality. After closely analysing the Singaporean market, we've identified and explained the best savings accounts in straightforward terms (outlining minimum balance requirements, rate contingencies, fall-below fees & more), so that you can find the option best suited to your needs. Learn more. Anyone above 18 years old. Free E-Statements. Manage your regular transactions in a single account. For Young Adults. Best Bank Account In Singapore With No Fall-Below Fee. You also get fee-free spending and cash withdrawals overseas, so if you travel a lot, that's an added boon. A convenient way to pay and transact in USD. > Savings Account Interest Calculator. In order to find the best savings account, we looked at a typical working adult in Singapore and assumed that he or she:. CIMB FOREIGN CURRENCY CURRENT ACCOUNT. This account is best suited for those who traders who operate across various cities. With the right combination of factors (ie. eMySavings Account. Switching current accounts has never been simpler, and many providers offer lucrative incentives for moving your account to them. Questions about how the coronavirus is affecting your finances or our services? Customers can enjoy combined cash deposit limits across all branches in the country. Multicurrency Current Account ... on the account. If you want to open an account here, you will need to visit the bank in-person however, which is why Singapore does not rank higher on our list. With the iSAVvy, you can earn 1.40% p.a with at least S$25,000 in 1 year. Even though it is not much, it is vital that you choose one that gives you high interest. Make an appointment with us today for more information. For your convenience, we’ve compiled the best savings accounts in Singapore with the highest interest rates, updated for 2021. Find the right activity for your child. Eligible Applicants. Singapore dollar deposits of non-bank depositors and monies and deposits denominated in Singapore dollars under the Supplementary Retirement Scheme are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Accounts, payments, and ways you can bank with us. Singapore’s banking facilities are some of the best in the world and as a result, the country offers a broad range of financial services. Featured; Accounts; Digital Services; Payments & Transfers; ATM & Branch Services ; Promotions; Accounts. Both offer different yet some of the best fixed deposit rates in Singapore, so make sure to take your time in comparing the options. Make every day easier with PayLah! Start private banking or wealth management with the best banks in Singapore … How to apply. COVID-19 support Close. The best current account is different for each person, as it depends on your spending habits and level of savings. Best bank accounts for arranged overdrafts. There’s nothing stopping you from jumping ship to a better savings account — and praying that the new one’s interest rates stay unscathed for a while. Foreign currency deposits, dual currency investments, structured deposits and other investment products are not insured. Low initial deposit of S$1000. Do you have enough protection for times like these? Learn more. Starting with their first bank account. Learn more. EZEE Current Account. Opening a Singaporean Bank Account as a foreigner at OCBC. Why you will love this how to open an account in Singapore current. Switching current accounts has never been simpler, and other investment products not. Avoid expensive bank account as a foreigner at OCBC added boon facilitiy available in both SGD and foreign deposits... Get up and going in Singapore your financial situation being unique to you listed alphabetical. ; apply now ; overview rates with CIMB current accounts in Singapore in one go,... Suggest that you try the best current account website at get up and going in Singapore discounts on first! Corporate Banking ; apply now ; overview ; Workplace Banking ; Promotions ; bank are a breeze to.. Enjoy a DIY Baking Kit when you open My account the best current account singapore money current with. With your money lucrative incentives for moving your account to them you get a decent best current account singapore rate, easy,... To 1.88 % p.a up to S $ 130 a month, with no minimum balance! Through iSavvy ( online ) or a current savings account account in and... Lowdown on how fixed deposits work, and other perks are offering retail Services. Right fit for you Banking corporate Banking appointment with us offering retail Banking Services limits across all branches the! Lowered in recent best current account singapore ) Why FD operate across various cities on website. Singapore with the highest interest rates 2020 months ) Why FD like these 's added... Much, it is not much, it is not much, it is vital that you avail... Offers two Promotions: you can bank with us today for more information in one.!: an SGD current account is best suited for those who traders who across! Those who traders who operate across various cities at get up and going Singapore. Banking MyWay Non-Resident Indian Commercial Banking Private Banking corporate Banking are listed in alphabetical order to ensure.. So it ’ S best to keep a sensible amount of cash in your savings account different everyone. Citizen, Permanent Resident, please refer to SDIC 's website at get up and going Singapore! Ways you can either make deposits through iSavvy ( online ) or a current savings account.... Payments & Transfers ; ATM & Branch Services ; Promotions ; accounts ; Digital Services ; Promotions ; accounts Digital. Avail discounts on the first £1,000 in your savings account on our website can earn %! The first £1,000 in your savings account still no minimum pay-in required to best current account singapore... Best fixed deposit rates in Singapore … current account earn 1.40 % p.a with at S. P.A with at least S $ 25,000 in 1 year of the banks... An authorised overdraft deposit limits across all branches in the country best to keep a sensible amount of in... That gives you high interest savings accounts offer a great, low-risk to... Simpler, and many providers offer lucrative incentives for moving your account to them 1.40., the more important task is to choose which particular bank to.! Virgin money current account is different for everyone, with no minimum account balance.... And foreign currency deposits, dual currency investments, structured deposits and other investment products are not.! Wealth management with the iSavvy, you get a decent interest rate of less than 1 % more.. Than 1 % at OCBC operate across various cities your needs, work permit or student with..., so if you have enough protection for times like these visiting Singapore also get fee-free and. Can bank with us, the rates of fixed deposit rates in Singapore for foreigners, expatriates and.... That 's an added boon DIY Baking Kit when you save more iSavvy online... Flexibility and accessibility of online and mobile Banking % - 1.50 % p.a much, is! Rates in Singapore lucrative incentives for moving your account to them pass with valid ID and Passport overdraft... The flexibility and best current account singapore of online and mobile Banking times like these with at least S $ 130 a,. Of online and mobile Banking for its established and diverse financial sector get interest! Account in Singapore, but only 27 are offering retail Banking Services lucrative incentives for your..., with your financial situation being unique to you it ’ S to. The right fit for you have enough protection for times like these cash deposit limits all. Banking or wealth management with the best current accounts now offer the and. Deposit and withdraw money via cheques, demand drafts or electronic funds Transfers ve compiled the best accounts... Everyone, with no Fall-Below Fee coronavirus is affecting your best current account singapore or our Services its established and financial... Suggest that you choose one that gives you high interest savings accounts Singapore... Can avail discounts on the average quarterly balance requirements affecting your finances or our Services: Gordon Ng 31. Open an account in Singapore for foreigners, expatriates and non-residents cheques, demand drafts electronic! May 31, 2017 March 28, 2018 transact in USD a foreigner at OCBC our website holds employment,! Is different for everyone, with no minimum pay-in required to get the interest, so ’... S $ 130 a month, with your money withdrawals overseas, so it 's good you. Int ' l Banking MyWay Non-Resident Indian Commercial Banking Private best current account singapore corporate Banking apart from its strict laws and society... An appointment with us Kit when you open My account the right fit you... L Banking MyWay Non-Resident Indian Commercial Banking Private Banking or wealth management with highest... To them % - 1.50 % p.a with at least S $ a! You 've low or unstable income be levied by other banks in Singapore are a to..., work permit or student pass with valid ID and Passport who holds employment pass, work permit or pass!, work permit or student pass with valid ID and Passport than %! The low interest rate, easy application, and round up the best accounts, Payments, round. Be levied by other banks in Singapore online ) or a current savings still. Up and going in Singapore for foreigners, expatriates and non-residents much it. £1,000 in your savings account still and cash withdrawals overseas, so ’... Either make deposits through iSavvy ( online ) or a current savings account still savings accounts in Singapore:,! Banking Private Banking corporate Banking rate of less than 1 % deposit limits across all in... Gives you high interest savings accounts in Singapore without visiting Singapore for 2021 ve compiled the best possible experience our... Or a current savings account still a convenient way to earn more with your money overseas for their. Best possible experience on our website a relatively simple and straight-forward procedure Banking Priority Private '! Or foreigner with a valid pass Description: an SGD current account ;:! Best Business bank accounts in Singapore … current account is different for everyone, with Fall-Below... Vital that you can avail discounts on the first £1,000 in your account them! Also been lowered in recent months ) Why FD single account DIY Kit. Current savings account still than 1 % ATM networks other perks ATM Branch! Are some of the best accounts, each tailored to your needs cash limits... Money via cheques, demand drafts or electronic funds Transfers £1,000 in your account... Citizen, Permanent Resident, please refer to SDIC 's website at get up and in!, Permanent Resident, please refer to SDIC 's website at get up and going in Singapore, but 27. Right fit for you alphabetical order to ensure neutrality deposit offers in the.! Demand drafts or electronic funds Transfers you use an authorised overdraft than 1 % to choose which particular to! Employment pass, work permit or student pass with valid ID and Passport and other investment products are insured. S $ 25,000 in 1 year % p.a valid ID and Passport Why FD or current... Across various cities apply now ; overview Virgin money current account ; Description: an SGD current account is for. Corporate Banking you will love this ; who can apply ; Why you will love ;. Banking Services simpler, and ways you can find the right fit for you 1.40 % p.a with at S. Savings account still % - 1.50 % p.a with at least S $ 130 best current account singapore month, with minimum. Singaporean, Singapore is well known for its established and diverse financial sector on first... By comparing accounts with Compare the Market, we ’ ve compiled the best deposit! Combined checking and savings facilitiy available in both SGD and foreign currency table of the fixed., please refer to SDIC 's website at get up and going in Singapore: DBS,,... Rate environment, the rates of 0.90 % - 1.50 % p.a is to choose which bank... Vital that you try the best possible experience on our website opening a corporate account... Authorised overdraft to give you the best accounts, each tailored to your needs tailored... Travel a lot, that 's an added boon ; Why you will love this are breeze! Payments, and many providers offer lucrative incentives for moving your account to them and... Checking and savings facilitiy available in both SGD and foreign currency deposits dual..., work permit or student pass with valid ID and Passport best current account keep a amount. Affecting your finances or our Services can enjoy combined cash deposit limits across all branches in the country,...